Zhang Financial LLC Acquires New Position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Zhang Financial LLC acquired a new stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 6,228 shares of the company’s stock, valued at approximately $298,000.

Other institutional investors have also bought and sold shares of the company. Burkett Financial Services LLC grew its holdings in iShares Core 1-5 Year USD Bond ETF by 56.3% in the 4th quarter. Burkett Financial Services LLC now owns 994 shares of the company’s stock valued at $47,000 after buying an additional 358 shares in the last quarter. Bogart Wealth LLC increased its position in iShares Core 1-5 Year USD Bond ETF by 40.7% during the third quarter. Bogart Wealth LLC now owns 992 shares of the company’s stock worth $48,000 after purchasing an additional 287 shares during the last quarter. Security National Bank increased its position in iShares Core 1-5 Year USD Bond ETF by 31.0% during the third quarter. Security National Bank now owns 2,559 shares of the company’s stock worth $125,000 after purchasing an additional 606 shares during the last quarter. Northwest Investment Counselors LLC purchased a new position in iShares Core 1-5 Year USD Bond ETF during the third quarter worth about $130,000. Finally, FMR LLC boosted its holdings in iShares Core 1-5 Year USD Bond ETF by 556.1% in the 3rd quarter. FMR LLC now owns 2,841 shares of the company’s stock valued at $138,000 after purchasing an additional 2,408 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Performance

ISTB stock opened at $47.86 on Tuesday. iShares Core 1-5 Year USD Bond ETF has a one year low of $46.65 and a one year high of $48.75. The firm has a market cap of $4.25 billion, a PE ratio of 16.72 and a beta of 0.07. The firm’s 50 day moving average price is $47.84 and its 200-day moving average price is $48.05.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a $0.1587 dividend. This represents a $1.90 annualized dividend and a dividend yield of 3.98%. The ex-dividend date of this dividend was Wednesday, December 18th.

iShares Core 1-5 Year USD Bond ETF Company Profile

The iShares Core 1-5 Year USD Bond ETF (ISTB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a broad USD-denominated bond index with 1-5 years remaining in maturities. ISTB was launched on Oct 18, 2012 and is managed by BlackRock.